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If the wholesale price of an item is $250 and the markup is 20%, find the retail price of the item. Please explain. Thank you.
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6 votes
6 votes
If the wholesale price of an item is $250 and the markup is 20%, find the retail price of the item. Please explain. Thank you.

User Hyuan
by
2.6k points

2 Answers

23 votes
23 votes

Answer: 300

Explanation:

20% of $250 is $50

So $300

User JoshVarga
by
2.7k points
18 votes
18 votes
20% of $250 is $50
So $300
User Maulik Anand
by
3.0k points
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